Skip to content
Checked.be
Complete company report
Generated 04-09-2026
Active BE 0719.718.323Private limited company (pre-2019)Open bankruptcy

LAKHA SONS

Westendelaan 285 ·8434 Middelkerke, Belgium· 7 yrs active
Sector: Non-specialised retail sale with food, beverages or tobacco predominating (47110)
Conclusion Checked

A bankruptcy procedure is open for LAKHA SONS according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €53k and a net result of €8k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €53k
Net result €8k
Staff (FTE) 63,336
Better than sector 39%
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability54Solvency22Growth68Stability0
29 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 54
Solvency 22
Growth 68
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score FY 2022 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
No credit
open bankruptcy
Score history
75 2019
93 2021
57 2022
purely financial, excl. current insolvency signals
Score components
Liquidity Current ratio 1.13 (≥ 1.0) +5
Quick ratio Quick ratio 1.13 (≥ 1.0) +5
Leverage Debt/equity 7.64 (> 3.0) -10
Profitability ROE 15% (≥ 10%) +10
Profit trend Net profit down YoY -3
Bankruptcy Open bankruptcy -60
Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview4 NBB filings
Annual accounts filed on 16-02-2024 with the NBB · fiscal year 2022 · full schema
€0€200k€400k€600kRevenue 2019: €249k€249kOperating result 2019: €14k€14kNet result 2019: €14k€14kRevenue 2021: €525k€525kOperating result 2021: €26k€26kNet result 2021: €26k€26kRevenue 2022: €437k€437kOperating result 2022: €8k€8kNet result 2022: €8k€8k201920212022
RevenueOperating resultNet result
Sector comparison
Fiscal year 2022 · NACE 47, Retail trade · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 11.6% 20.4%
better than 39% of 752 sector peers
Net result €8k €9k
better than 49% of 749 sector peers
Equity €53k €82k
better than 42% of 753 sector peers
Staff costs €63k €176k
higher than 24% of 587 sector peers
Employees (FTE) 63,336.0 5.8
better than 95% of 479 sector peers
Revenue
€437k
-16.7% 19-22
Net profit
€8k
-70.2% 19-22
Total assets
€456k
+291.9% 19-22
Equity
€53k
-45.7% 19-22
Working capital
€53k
-45.7% 19-22
Employees (FTE)
63,336
- 19-22
Staff costs
€63k
+6.9% 19-22
Debt
€403k
+1993.8% 19-22
Debt ≤ 1y
€403k
+1993.8% 19-22
Current ratio
1.13
-81.3% 19-22
Quick ratio
1.13
-74.5% 19-22
Solvency
11.6%
-86.1% 19-22
Debt / equity
7.64
+3754.0% 19-22
ROE
14.9%
-45.1% 19-22
ROA
1.7%
-92.4% 19-22
Net margin
1.8%
-64.2% 19-22
Figures by fiscal year and ratios
Fiscal year202220212019
Depositfull schemamicro schemafull schema
Revenue€437k€525k€249k
EBITDA---
Net profit€8k€26k€14k
Cash flow---
Staff costs€63k€59k-
Income taxes---
Dividends---
Total assets€456k€116k€40k
Equity€53k€97k€33k
Debt€403k€19k€7k
of which ≤ 1y€403k€19k€7k
of which > 1y---
Working capital€53k€97k€33k
Employees (FTE)63,336.0--
Note: these years are not on the same basis. The filed schemas differ (full schema, micro schema), so the columns are not directly comparable.
Ratios (computed)
202220212019
Current ratio1.136.045.71
Quick ratio1.134.432.83
Working capital ratio11.6%83.5%82.5%
Solvency11.6%83.5%82.5%
Debt / equity7.640.20-
Long-term debt ratio---
Interest coverage---
Gross margin21.4%16.3%-
Net margin1.8%5.0%5.7%
ROA1.7%22.6%35.6%
ROE14.9%27.1%43.1%
EBITDA margin---
Days sales outstanding363d-0d
Days payable outstanding424d16d-
Inventory turnover-14.18-
Days inventory (DSI)-26d-
Balance-sheet composition 2022
Full annual accounts (18 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code202220212019
Balance sheet, Assets
TOTAL ASSETS 20/58€456k€116k€40k
Current assets 29/58€456k€116k€40k
Stocks & contracts in progress 3-€31k€20k
Amounts receivable within one year 40/41€436k-€112
Cash & bank 54/58€20k€85k€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€456k€116k€40k
Equity 10/15€53k€97k€33k
Contributions / capital 10/11€19k€19k€19k
Accumulated profits (losses) 14€34k€79k€14k
Amounts payable 17/49€403k€19k€7k
Amounts payable within one year 42/48€403k€19k€7k
Trade debts payable within one year 44€399k€19k€7k
Income statement
Turnover 70€437k€525k€249k
Gross operating margin 9900-€86k€28k
Operating result 9901€8k€26k€14k
Result before taxes 9903€8k€26k€14k
Net result for the period 9904€8k€26k€14k
Result to be appropriated 9905€8k€26k€14k
Directors & mandates1 person
Role Name Tenure
Curator EMMELINE MARREYT
PRINSENLAAN 2, 8400 OOSTENDE
 05-02-2025 → present
Legal Structure
NACE primary Non-specialised retail sale with food, beverages or tobacco predominating(47110)
Legal form Private limited company (pre-2019)(015)
Incorporation01-02-2019
StatusActive
Postal code8434
First insolvency signal 14-02-2025
Latest insolvency signal 14-02-2025
Establishment units 1 location
LAKHA & SONS
Westendelaan 323, 8434 MiddelkerkeArtisanal bread and fresh pastry making
since 20212.317.721.265
Real-estate footprint Source: CBE × cadastre
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35022B0304/00Z012 Flanders 374 m² 1 · 234 m² 11.7 m · 1 fl.
35022A0124/00V003 Flanders 310 m² 1 · 154 m² 15.6 m · 4 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 6 events
2025
14-02
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oostende · LAKHA SONS BV WESTENDE- LAAN 285, 8434 WESTENDE · event 05-02-2025
2024
16-02
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 200 days late
2023
11-08
State Gazette act Capital & shares
2022
31-12
Financial Weakest financial yearnet €8k ▼70.2%
Net result drops to €8k, the lowest in the series.
15-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 107 days late
2021
31-12
Financial Highest result since 2019net €26k ▲86.6%
Operating result €26k, net result €26k, both a record.
09-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
04-01
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 157 days late
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Lifecycle & Insolvency Signals1 events
14-02-2025
Bankruptcy Opening
Date: 05-02-2025 · Ondernemingsrechtbank Gent, afdeling Oostende · LAKHA SONS BV WESTENDE- LAAN 285, 8434 WESTENDE · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-02-14 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Capital history · 1
11-08-2023
Capital change
All acts · 1 updated 3 years ago
2023
11-08-2023 Transaction in capital or shares Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Lakha Kamal Kumar",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Luik",
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-08-11",
    "filing_date": "2023-08-02",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "algemene_vergadering",
    "act_date": "2023-08-01",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-08-01"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0719.718.323",
    "name_full": "LAKHA SONS",
    "legal_form": "BV",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Lakha Kamal Kumar",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Ramesh Manju",
      "role": null,
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

No credit: a bankruptcy procedure is open.

Company registry (CBE) Crossroads Bank
Activities
Non-specialised retail sale with food, beverages or tobacco predominating47110Retail trade47112
Names & trade names
Legal nameNL LAKHA SONS
Similar companies Comparable size · 5,404 of 10,447 companies in this sector with filed accounts
Polski Baltic Food BE 0793.685.474 · Hamont-Achel
ADNAN SHOP BE 0876.435.481 · Tubize
UZAM BE 0676.768.307 · Brussel
JOTTA IMPORT EXPORT BE 0799.823.002 · Waremme
PAMIR5 BE 0804.898.179 · Sint-Niklaas
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative